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Volkswagen Jetta Lease Questions

585 messages,  Last post on Aug 14, 2008 at 4:02 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volkswagen Jetta, Car Leasing, Sedan, Wagon


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#68 of 585
Re: Help [Car_man] by jwboyce
Apr 07, 2006 (3:32 pm)
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Replying to: Car_man (Mar 26, 2006 8:08 am)

Car_Man- I'm curious about the 500 cash back on 06 GLIs, but cannot find any mention of it at the vw website. Where did you get that info (not a doubter, just curious). Also curious, how do you get all these useful numbers (MF, residual) people keep asking you for? Thanks for your good work.
 
Our custom GLI is scheduled for delivery in mid June (see my post in "Volkswagen Jetta: Prices Paid & Buying Experience" #144), and while we are likely to buy, we'd be open to leasing if the terms were good enough.
#69 of 585
Need Help by lastory
Apr 07, 2006 (3:47 pm)
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Wonder if you could give me residual and lease factors for the following. 2006 Jetta GLI with package #1, MSRP 26,955 (including 630 destination), Negoiated price 24,921 (including destination). I currently have a passat lease so the $500 customer loyalty should apply. Looking for info on a 36, 39, 48 month lease. 12,000 miles. $800 total drive off (first month, title, license, etc). Thanks.
#70 of 585
06 New Jetta Sedan 2.5L Leasing Option by zpdoc
Apr 10, 2006 (5:20 pm)
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Hello Car Man - Thank you for this great website. I'm wondering if it's a great deal or not.. I'm trying to negociate to $220/mo + buying option of $13500-$14000. Should I ask more discount or is it too much to ask?
 
06 New Jetta sedan 2.5L w/no option with letherette
$2000.00 down (incld all fees and first payment)
12K/miles 24months lease
 
Here is what I got from 2 dealers:
 
(A)
Initial Cap $19,857
Term 24 months
MSRP $21,980.00
65% Residual 12K miles per year
Residual Value $14,296.75
Money factor: .00057
Customer Cash $2000.00
Base Monthly Payment $218.36
Taxed Basis $231.46
 
(B)
Initial Cap Cost $20,500
Cap Reduction $890.10
Term 24 months
MSRP $22,355.00
65% Residual 12K miles per year
Residual Value $14,530.75
Money factor: .00057
Customer Cash $2000.00
Base Monthly Payment $247.40 (incld 6% tax)
#71 of 585
Money Factor and Residual for Jetta 2.0T? by tdzz1975
Apr 13, 2006 (7:07 am)
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What are the current money factor and residual percentage numbers for a 2006 VW Jetta 2.0T, 36 months, 15,000 miles?
#72 of 585
GLI 06 JETTA w/ Package 1 by will2702
Apr 14, 2006 (10:35 am)
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Just got a deep black GLI pkg 1 about 2weeks ago for 355/month with 575 down for 2yr/10K miles. I was able to get limo tint, floor mats, and first oil change for free. The "Fees" i was able to get waived off were:
398 document fee
575 acquisition fee
28 title fee
367 dealership ad fee
25 port prep fee
Not sure if all these are required to make a deal. It just looked like more of a profit for them. Try getting these waived off or other "hidden fees" like dealer add-ons when negotiating the down.
#73 of 585
Re: 06 GLI or 2.0T Jetta [will2702] by Car_man HOST
Apr 14, 2006 (11:51 am)
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Replying to: will2702 (Mar 29, 2006 3:11 pm)

Here you go, will2702. If you were to lease a 2006 Volkswagen Jetta GLI Sedan through VW Credit right now for 24 months with 10,000 miles per year, its buy rate lease money factor and residual value should be .00061 and 65%, respectively. The numbers for an otherwise identical 36 month lease should be .00119 and 55%. If you were to lease a 2006 Volkswagen Jetta 2.0T Sedan through VW Credit right now for 24 months with 10,000 miles per year, its numbers should be .00042 and 63%. The numbers for a 36 month, 10k lease of this model should be .00107 and 55%.
 
Car_man
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#74 of 585
Re: Help [lastory] by Car_man HOST
Apr 14, 2006 (12:05 pm)
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Replying to: lastory (Mar 29, 2006 6:39 pm)

Thanks for the additional information, lastory. The selling price that you were quoted for thie car looks OK to me. A base 2006 VW Jetta GLI has a spread of a little over $1,900 between its full MSRP and dealer invoice prices. You are getting an $1,100 discount on the car that you are considering. I wouldn't be surprised if you were able to get another couple hundred off if you live in an area where there is a decent level of competition, but your price isn't bad. You may want to stop by the following discussion for additional feedback on this car's price: "Volkswagen Jetta: Prices Paid & Buying Experience".
 
Let's work up some lease payments on this car and see what we come up with. According to my calculations, if you were to lease a 2006 Volkswagen Jetta GLI with an MSRP of $26,955 and a selling price of $25,781 through VW Credit right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $360. The payment for an otherwise identical 48 month lease should be $334.
 
Car_man
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#75 of 585
Re: VE, 2.5 or 2.0T [benji123] by Car_man HOST
Apr 14, 2006 (1:21 pm)
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Replying to: benji123 (Mar 30, 2006 5:37 pm)

Hi benji123. If you were to lease a 2006 Volkswagen Jetta Value Edition Sedan through VW Credit right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00120 and 66%, respectively. The numbers for an otherwise identical lease of an '06 Jetta 2.5 Sedan should be .00057 and 65%. The numbers for an otherwise identical lease of an '06 Jetta 2.0T should be .00042 and 62%. Let me know if you have any other questions.
 
Car_man
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#76 of 585
Re: '06 GLI 36mo Lease deal [dorrngtn] by Car_man HOST
Apr 14, 2006 (1:34 pm)
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Replying to: dorrngtn (Apr 01, 2006 2:32 pm)

Hi dorrngtn. A base 2006 Volkswagen GTI has a spread of a little over $1,900 between its full MSRP and dealer invoice prices. You are being given a discount of $1,117 on the car that you are considering before your negative equity is being taken into account. This is a decent price, but I would not be surprised if you were able to beat it by a couple hundred dollars if you are in an area where there is a decent level of competition. The fact that Volkswagen is currently providing a $500 cash incentive on leases of '06 Jetta GLI models through VW Credit right now will help your cause. Make sure to mention it during your negotiations. The money factor and residual value that you were quoted are right in line with VW Credit's lease program for this car. So work on getting them to lower your price a little bit
 
Car_man
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#77 of 585
Re: Help [jwboyce] by Car_man HOST
Apr 14, 2006 (1:46 pm)
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Replying to: jwboyce (Apr 07, 2006 3:32 pm)

Hey jwboyce. The $500 cash that is available on leases of '06 Jetta GLI models right now is VW Credit lease cash. I don't think that VW is publicizing it on its Web site, but trust me it exists. Volkswagen's current incentives and lease program are only scheduled to run through May 1st. Stop back in June and I will be happy to give you an idea of what this car's lease program is like then. I am sure that you are anxiously counting the days until your new car arrives. I know that I would be .
 
Car_man
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